# Legal Entity & Currency

{% hint style="info" %}
Operator and jurisdiction: BASIS is operated by BASIS DIGITAL INFRASTRUCTURE LTD, a Seychelles IBC (LEI: [254900IX2F2KCWNSSS64](https://lei.bloomberg.com/leis/view/254900IX2F2KCWNSSS64)).

Research Partner: Base58 Labs contributes execution research, systems modeling, and risk design.
{% endhint %}

This page clarifies:

1. who operates BASIS
2. how balances and reports are displayed
3. how display currency differs from supported deposit and withdrawal assets

## 1. Operator, jurisdiction, certifications, and operational context

BASIS is operated by BASIS DIGITAL INFRASTRUCTURE LTD, a Seychelles IBC.

The platform combines deterministic execution, math-constrained routing, and state machine risk controls. Research support is provided by Base58 Labs, referenced in documentation as the Research Partner. This infrastructure is designed for execution precision and structural alpha capture.

BASIS is built and operated within an institutional-grade control environment. BASIS DIGITAL INFRASTRUCTURE LTD is the certified entity for active ISO/IEC 27001:2022 and ISO/IEC 20000-1:2018 certifications, both publicly verifiable through IAF CertSearch. The ISO/IEC 27001:2022 public record is active and shows a last updated date of March 27, 2026.

| Operator profile        | Detail                                                                                                                        |
| ----------------------- | ----------------------------------------------------------------------------------------------------------------------------- |
| Operator                | BASIS DIGITAL INFRASTRUCTURE LTD                                                                                              |
| Jurisdiction            | Seychelles IBC                                                                                                                |
| Address                 | Room 306, Victoria House, P.O Box 673, Victoria, Mahe, Seychelles                                                             |
| LEI                     | [254900IX2F2KCWNSSS64](https://lei.bloomberg.com/leis/view/254900IX2F2KCWNSSS64)                                              |
| Certified entity record | [Entity Record on IAF CertSearch](https://www.iafcertsearch.org/certified-entity/WTmKlSOrxvhkPKrCUIdWYEgv)                    |
| ISO/IEC 27001:2022      | Active. Public verification: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/VDrwBpB8mD2nw5ykj5zxSANH) |
| ISO/IEC 20000-1:2018    | Active. Public verification: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/1IbVSdVuBbykRHSgkfAo8mBE) |

{% hint style="success" %}
BHLE infrastructure targets sub-50μs latency, 100K+ OPS, and proprietary routing across supported venues and networks.
{% endhint %}

This matters because the operator framework governs:

* terms of service
* risk disclosures
* compliance handling
* dispute processes
* service availability and restricted jurisdictions
* dependencies on exchanges, blockchain networks, custodial workflows, and on-chain protocols

## 2. Currency convention: USDT as the unit of account

BASIS displays portfolio values in USDT for internal accounting and reporting consistency.

USDT on BASIS is:

* a display unit
* an accounting reference
* a reporting convention for examples, balances, and analytics

USDT on BASIS is not:

* a supported deposit asset
* a supported withdrawal asset
* a settlement guarantee in fiat USD

### Why this convention exists

A single accounting unit helps standardize:

* portfolio valuation
* reporting across BTC, ETH, SOL, and PAXG
* reward visualization
* historical performance comparisons
* operational thresholds and policy references

The use of a single internal reporting unit also supports consistent service operations, reconciliation, and dashboard interpretation across a controlled operating environment with active ISO/IEC 27001:2022 and ISO/IEC 20000-1:2018 certifications publicly listed for BASIS DIGITAL INFRASTRUCTURE LTD.

## 3. Supported asset flows

| Wallet         | Asset type                  | Function                             |
| -------------- | --------------------------- | ------------------------------------ |
| Funding Wallet | BTC, ETH, SOL, PAXG         | Native asset deposit and withdrawal  |
| Staking Wallet | stBTC, stETH, stSOL, stPAXG | Staking positions and reward accrual |

{% tabs %}
{% tab title="Deposits" %}

* BTC deposit: copy the BASIS-assigned BTC address for your account
* BTC does not require a Web3 wallet connection
* ETH, SOL, PAXG deposit: connect a supported Web3 wallet such as MetaMask
* No minimum deposit
* Deposit fee: 0%
* USDT cannot be deposited
  {% endtab %}

{% tab title="Swaps" %}
Swaps are same-token only, at 1:1.

* BTC → stBTC
* ETH → stETH
* SOL → stSOL
* PAXG → stPAXG

Swap fee: 0.01%
{% endtab %}

{% tab title="Withdrawals" %}

* Native assets withdraw from the Funding Wallet
* Withdrawal fee: 0.05%
* Typical processing time:
  * BTC: 10 to 60 minutes
  * ETH, SOL, PAXG: 1 to 10 minutes
* USDT cannot be withdrawn
  {% endtab %}
  {% endtabs %}

## 4. What “USD-equivalent” means

When documentation references USD-equivalent values, it means balances are displayed using USDT as the internal unit of account for practical reporting.

This does not mean:

* a fiat USD bank balance
* guaranteed redemption at 1:1 with USD
* elimination of stablecoin valuation risk

USDT may trade above or below 1 USD. Users should treat displayed values as accounting references, not cash equivalents.

{% hint style="warning" %}
⚠️ Display value and settlement asset are different concepts.

Settlement and custody occur in supported native assets and stTokens. Reporting may be shown in USDT-equivalent terms for consistency across the dashboard.
{% endhint %}

## 5. How displayed values should be interpreted

| Displayed value            | Interpretation                                                             |
| -------------------------- | -------------------------------------------------------------------------- |
| 50,000 USDT                | Internal display value intended for USD-equivalent reporting               |
| BTC balance shown in USDT  | Native BTC position translated into USDT for reporting                     |
| Reward value shown in USDT | stToken-denominated rewards translated into USDT for reporting convenience |

If a balance is shown in USDT, that does not change the underlying asset type.

Examples:

* BTC remains BTC in the Funding Wallet
* stBTC remains stBTC in the Staking Wallet
* PAXG remains PAXG in the Funding Wallet
* stPAXG remains stPAXG in the Staking Wallet

## 6. Operational interpretation across the dashboard

The dashboard is organized into:

* Stake
* Assets
* Referral
* Support
* Account

Across these sections:

* Funding Wallet holds native assets used for deposit and withdrawal
* Staking Wallet holds stTokens used to stake and earn
* rewards accumulate in real time as the same stToken
* fixed pools can be unstaked only after the lock-up period ends
* unstake is full-position only
* claimable amounts are auto-credited to the Staking Wallet as stToken upon unstake

### Booster reference

| Lock period | Booster |
| ----------- | ------- |
| 14D         | +10%    |
| 30D         | +20%    |
| 90D         | +50%    |
| 180D        | +100%   |

## 7. User checklist

{% stepper %}
{% step %}
Confirm the operator details for BASIS DIGITAL INFRASTRUCTURE LTD and the Seychelles IBC legal framework.
{% endstep %}

{% step %}
Understand that USDT is a display and accounting unit only. It is not a deposit or withdrawal asset.
{% endstep %}

{% step %}
Use the correct wallet flow:

* Funding Wallet for BTC, ETH, SOL, PAXG
* Staking Wallet for stBTC, stETH, stSOL, stPAXG
  {% endstep %}

{% step %}
For BTC deposits, use the BASIS-assigned deposit address. For ETH, SOL, and PAXG deposits, connect a supported Web3 wallet.
{% endstep %}

{% step %}
Read the Risk Disclosure and the PAXG Risk Addendum if you use PAXG.
{% endstep %}

{% step %}
If needed, independently verify the operator's active certifications on IAF CertSearch:

* Certified entity record: [Entity Record on IAF CertSearch](https://www.iafcertsearch.org/certified-entity/WTmKlSOrxvhkPKrCUIdWYEgv)
* ISO/IEC 27001:2022: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/VDrwBpB8mD2nw5ykj5zxSANH)
* ISO/IEC 20000-1:2018: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/1IbVSdVuBbykRHSgkfAo8mBE)
  {% endstep %}
  {% endstepper %}

## 8. Summary

| Field        | Details                                                                          |
| ------------ | -------------------------------------------------------------------------------- |
| Operator     | BASIS DIGITAL INFRASTRUCTURE LTD                                                 |
| Jurisdiction | Seychelles IBC                                                                   |
| Address      | Room 306, Victoria House, P.O Box 673, Victoria, Mahe, Seychelles                |
| LEI          | [254900IX2F2KCWNSSS64](https://lei.bloomberg.com/leis/view/254900IX2F2KCWNSSS64) |

| Item                         | Details                     |
| ---------------------------- | --------------------------- |
| Display unit                 | USDT                        |
| Depositable assets           | BTC, ETH, SOL, PAXG         |
| Withdrawable assets          | BTC, ETH, SOL, PAXG         |
| Staking assets               | stBTC, stETH, stSOL, stPAXG |
| Deposit fee                  | 0%                          |
| Withdrawal fee               | 0.05%                       |
| Swap fee                     | 0.01%                       |
| ISO/IEC 27001:2022           | Active                      |
| ISO/IEC 27001 last updated   | March 27, 2026              |
| ISO/IEC 20000-1:2018         | Active                      |
| IAF CertSearch entity record | Available                   |

If documentation examples use USDT values, interpret them as internal reporting references only. Actual asset movement on BASIS is native-token based in the Funding Wallet and stToken based in the Staking Wallet.

## Supporting Entity: Base58 Labs LTD (United Kingdom)

BASIS's execution infrastructure is developed by Base58 Labs LTD, a UK-registered private limited company (Company No. 17094713), with its registered office at 399-405 Oxford Street, Mayfair, London, W1C 2BU. Base58 Labs LTD is publicly verifiable through the UK Companies House register at: <https://find-and-update.company-information.service.gov.uk/company/17094713>

This supporting entity is distinct from the platform operator and certified entity, which is BASIS DIGITAL INFRASTRUCTURE LTD.

BASIS DIGITAL INFRASTRUCTURE LTD's internationally accredited certifications are publicly verifiable on IAF CertSearch:

* Certified entity: [Entity Record on IAF CertSearch](https://www.iafcertsearch.org/certified-entity/WTmKlSOrxvhkPKrCUIdWYEgv)
* ISO/IEC 27001:2022: Active. Public verification: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/VDrwBpB8mD2nw5ykj5zxSANH)
* ISO/IEC 20000-1:2018: Active. Public verification: [Verify on IAF CertSearch](https://www.iafcertsearch.org/certification/1IbVSdVuBbykRHSgkfAo8mBE)

***


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